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The Latest Breaking News from David Weigand

Supermicro promised a new CFO in December 2024. A $2.5 billion smuggling case and a cofounder’s arrest later, it has one

Tech investor Mark Long has replaced former CFO David Weigand.

Fortune · Oct 15

Supermicro investigation clears CEO in $2.5 billion alleged smuggling scheme

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

Fortune · Aug 20

Supermicro launches probe after cofounder’s arrest on charges of $2.5 billion in chip smuggling

This is the Nvidia-allied server maker’s third internal investigation since 2017.

Fortune · Apr 7

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Supermicro’s cofounder was just accused of smuggling $2.5 billion in GPUs to China

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's stock.

Fortune · Mar 20

Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago

“No one wants this job,” said executive search firm Cowen Partners president Shawn Cole.

Fortune · Feb 20

3 Reasons to Sell Super Micro Computer Stock No Matter What Happens on February 25

An ongoing CFO search, DOJ subpoena, and increasing scrutiny on AI spend pose challenges for SMCI stock in 2025.

Barchart · Feb 25, 2025

Super Micro’s finance chief — who is leaving as soon as the company can hire someone more experienced — said delinquent financial filings were ‘a distraction’

Super Micro CEO Charles Liang refused to address the company’s delinquent financials but said he expects to reach $40 billion in revenues next year.

Fortune · Feb 12, 2025

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Super Micro needs a new CFO after an accounting scandal. Who should apply?

The company says an investigation finds no evidence of fraud.

Fortune · Dec 4, 2024

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